AY2

JUST IN: Stocks on Solana hit a new daily ATH yesterday of $553M

BREAKING: XRP is live on Solana

XRP

SOL is officially a digital commodity. While the headlines were catching up to reality, RWA value hit an all-time high, stablecoin supply crossed $17B, and the builder pipeline keeps getting deeper. Here’s what happened over the week: 📰 Headline News - @SECGov formally classified SOL as a digital commodity in its new crypto asset taxonomy - Solana's RWA Value hit an ATH of ~$1.85B - @OndoFinance expanded Ondo Global Markets to 250+ tokenized stocks, ETFs and commodities - SIMD-0266 (P-Token) went live on testnet 📰 Launches - @tokens launched. Find 24/7 breaking news, how it moves global financial markets, and where those markets live on Solana - @altitude unlocked bank transfers, allowing direct bank payments worldwide from Altitude accounts - West Coast Stock Transfer adopted @alpha_ledger's Vulcan Forge to tokenize @SiloPharma securities on Solana - @hinkal_protocol released its privacy wallet on Solana - @GustoHQ integrated USDC on Solana payouts for same-day international contractors payments - @kamino announced a pilot integrating its Atlas Collateral Management with @Anchorage for institutional credit @Paradex's DIME debuted on Solana via @Sunrise_DeFi - @PlayBabylon unveiled its multiplayer prediction game where humans and AI agents compete - @MessariCrypto added Solana support for x402 payments across its API endpoints - @GoDark opened early access to its decentralized dark pool DEX for private trading - @DeriveXYZ shipped SOL options on its platform - @colosseum crowned the winners of the Agent Hackathon - @SuperteamDE to host Solana Summit Germany in Berlin on June 13 - @solana_devs kicked off the Solana Japan Developer Bootcamp - @SP3NDdotshop facilitated eBay purchases with USDC on Solana - @sanafionchain presented Sana Card, a self-custody Visa card issued by @raincards - @Alchemy enabled Solana agents to pay for its APIs with USDC via @x402 - @bigdance_fun rolled out an onchain tokenized bracket game tied to tournament outcomes - @solanamobile launched Builder Grants - @glamsystems introduced Token ACL, enabling compliance with composability - @CyreneAI launched Genesis Accelerator offering Solana builders up to $100K in seed capital - @travalacom expanded its car rental bookings to include Solana support - @ScorelyGG debuted a sports betting platform with up to 10x leverage on odds - @fairscalexyz shipped FairScale L3Ns as a Chrome extension, displaying any Solana wallet's reputation score - @yield launched yoSOL algorithmically optimized vault 📰 Milestones - @bulktrade recorded 110K wallets, 45K traders, and 330K trades by Day 3 of its testnet - Solana stablecoin supply reached $17B - @humafinance surpassed $11B in total PayFi transaction volume - @solflare crosses $3M Private Send If you enjoyed this week’s newsletter, please share it with an RT. Cover art by @gettles

BREAKING: The SEC has formally classified SOL as a digital commodity in its new crypto asset taxonomy, alongside BTC, ETH,  and 14 other assets. SOL is not a security.

BREAKING: Solana flipped Ethereum in total RWA holders for the first time, according to @RWA_xyz 🤯

$650B in stablecoin volume in February. More than any network. More than 2x the previous record.